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Abstract:British Prime Minister Boris Johnson indicated he was ready to offer more visas to India in return for this year clinching a free-trade deal that could boost annual bilateral trade by billions of pounds.
Speaking on the plane on his way to the worlds second-most populous country, Johnson signalled he was ready to be more accommodating on an issue that could have stalled the talks.
“I have always been in favour of talented people coming to this country,” Johnson told reporters. “We are short to the tune of hundreds of thousands of people in our economy and we need to have a progressive approach and we will.”
Britain has made getting a trade deal with India one of its post-Brexit priorities as ministers, free from the European Unions common trade policy, look to gear policy towards faster-growing economies around the Indo-Pacific region.
India wants greater opportunities for Indians to live and work in Britain. Any trade deal will likely be contingent on relaxing rules and lowering of fees for Indian students and professionals going to the country.India and former colonial power Britain already share strong trade ties, and more than a million people of Indian origin live in Britain after decades of migration.
Britain wants to tap into the wealth of Indias middle classes and their appetite for premium British products such as Scotch whisky. They also hope that India can become a customer of its green technology and that service trade can also be strengthened.Britain has said the trade deal could almost double British exports to India, and by 2035 boost total trade by 28 billion pounds ($38 billion) per year. Total trade in 2019 was worth 23 billion pounds, according to British statistics.
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Dubai, UAE — The WikiEXPO Dubai 2024, hosted by WikiGlobal, successfully concluded on November 27, attracting wide attention from the global financial technology sector. The event was co-organized by WikiFX and the Australian Computer and Law Association (AUSCL), with strong support from the Mauritius Financial Services Institute (FSI) and the government of Liberland. Through an innovative hybrid model of online and offline participation, WikiEXPO Dubai 2024 achieved an impressive 1,267,886 online views and gathered 3500+ on-site participants, bringing together 550+ industry leaders and attracting close coverage from over 1300+ global media outlets.
The German Federal Financial Supervisory Authority (BaFin) has recently flagged a fraudulent clone of the licensed retail FX and CFD broker Pepperstone. This fake entity, operating under the domain pepperstone.life, has been offering financial and investment services without obtaining the necessary regulatory authorisation.
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